4, BRIGGS CLOSE, BANBURY, OX16 0BE - £298,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 BRIGGS CLOSE is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £362,080. It was last sold for £298,000 in October 2020, which was around 38% below the average October 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

4 BRIGGS CLOSE Sold Prices

Land registry data shows three sales for 4 BRIGGS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 4 BRIGGS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 14 OCT	£298,000	£479,253	38% below HPI
2013 2 AUG	£222,500	£357,619	38% below HPI
2007 20 JUL	£210,000	£345,159	39% below HPI

4 BRIGGS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 4 BRIGGS CLOSE sales between July 2007 and October 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2020 sale, which was also at 38% below the HPI.

What might 4 BRIGGS CLOSE be worth now?

4 BRIGGS CLOSE might now be worth an estimated £362,080.

This is based on house price inflation of 21.5%, between October 2020 and August 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.5% inflationary increase is applied to the most recent sale price for 4 BRIGGS CLOSE of £298,000 on 14th October 2020. For the value to have increased from £298,000 to £362,080 over the five years and two months to August 2025, the following assumptions must hold true:

• The value of 4 BRIGGS CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2020 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BRIGGS CLOSE has not materially changed since October 2020.

How Large is 4 BRIGGS CLOSE?

4 BRIGGS CLOSE is 93m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 4 BRIGGS CLOSE lies on this distribution: 27% of detached houses houses are smaller than 4 BRIGGS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 BRIGGS CLOSE: Plot and Title Map

4 BRIGGS CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 4 BRIGGS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 BRIGGS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 BRIGGS CLOSE?

4 BRIGGS CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 4 on BRIGGS CLOSE.